Australia's wealthiest are giving less

Howard Lake | 1 May 2001 | News

Australians with a taxable income of over $1m are giving less to charity, according to a survey by the Queensland University of Technology.

Australians with a taxable income of over $1m are giving less to charity, according to a survey by the Queensland University of Technology. Almost 40% of them did not register any charitable donation on their tax claim in 1998-99.

Of course the survey relies solely on the information submitted in the tax claim. Yet even using the information available, tax-deductible donations made by those earning more than $1 million dropped by an average $9,355.73 to $26,644.

Read Super-rich getting slow to cough up when charities rattle the can by Matt Wade.

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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.